PGRE

Paramount Group

4.26 USD
+0.00
0.00%
At close Mar 27, 4:00 PM EDT
After hours
4.26
+0.00
0.00%
1 day
0.00%
5 days
2.16%
1 month
-7.39%
3 months
-12.16%
6 months
-13.94%
Year to date
-14.11%
1 year
-7.39%
5 years
-52.67%
10 years
-77.74%
0
Funds holding %
of 7,390 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

1,100% more call options, than puts

Call options by funds: $12K | Put options by funds: $1K

25% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 59

22% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 18

1% more funds holding

Funds holding: 186 [Q3] → 188 (+2) [Q4]

0% more capital invested

Capital invested by funds: $698M [Q3] → $701M (+$3.17M) [Q4]

0.02% more ownership

Funds ownership: 65.23% [Q3] → 65.25% (+0.02%) [Q4]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$4
6%
downside
Avg. target
$4.50
6%
upside
High target
$5
17%
upside

2 analyst ratings

positive
50%
neutral
50%
negative
0%
Morgan Stanley
Ronald Kamdem
63% 1-year accuracy
10 / 16 met price target
6%downside
$4
Equal-Weight
Maintained
18 Mar 2025
Mizuho
Vikram Malhotra
33% 1-year accuracy
3 / 9 met price target
17%upside
$5
Outperform
Maintained
25 Feb 2025

Financial journalist opinion

Based on 3 articles about PGRE published over the past 30 days

Positive
Zacks Investment Research
2 days ago
Are Investors Undervaluing Paramount Group (PGRE) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Are Investors Undervaluing Paramount Group (PGRE) Right Now?
Neutral
Seeking Alpha
3 weeks ago
Paramount Group, Inc. (PGRE) Q4 2024 Earnings Call Transcript
Paramount Group, Inc. (NYSE:PGRE ) Q4 2024 Earnings Conference Call February 28, 2025 10:00 AM ET Company Participants Tom Hennessy - Vice President of Investor Relations and Business Development Albert Behler - Chairman, Chief Executive Officer and President Wilbur Paes - Chief Operating Officer, Chief Financial Officer and Treasurer Peter Brindley - Executive Vice President, Head of Real Estate Conference Call Participants Steve Sakwa - Evercore ISI Blaine Heck - Wells Fargo Ron Kamdem - Morgan Stanley Tom Catherwood - BTIG Vikram Malhotra - Mizuho Dylan Burzinski - Green Street Operator Good day, ladies and gentlemen. Thank you for standing by.
Paramount Group, Inc. (PGRE) Q4 2024 Earnings Call Transcript
Neutral
Business Wire
4 weeks ago
Paramount Announces Fourth Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) filed its Annual Report on Form 10-K for the year ended December 31, 2024 today and reported results for the fourth quarter ended December 31, 2024. Fourth Quarter Highlights: Results of Operations: Reported net loss attributable to common stockholders of $38.6 million, or $0.18 per diluted share, for the quarter ended December 31, 2024, compared to $205.6 million, or $0.95 per diluted share, for the qu.
Paramount Announces Fourth Quarter 2024 Results
Neutral
Seeking Alpha
1 month ago
Paramount Group: Upcoming Debt Maturities And San Francisco Exposure Make This A Hold
Paramount Group is an internally managed REIT focused on New York and San Francisco office properties, with 13.8 million square feet across 18 properties. PGRE's Manhattan properties are 85% leased and comprise 73% of gross asset value, while San Francisco properties are 83.6% leased with rising vacancy rates. The Manhattan office market is expected to flourish due to office-to-residential conversions and return-to-office mandates, contrasting with San Francisco's high vacancy rates.
Paramount Group: Upcoming Debt Maturities And San Francisco Exposure Make This A Hold
Neutral
Business Wire
1 month ago
Paramount Announces Release Date for Fourth Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it will file its annual report on Form 10-K for the year ended December 31, 2024 with the U.S. Securities and Exchange Commission and release its fourth quarter 2024 financial results on Thursday, February 27, 2025 after the close of trading on the New York Stock Exchange. The Company will host a conference call and audio webcast on Friday, February 28, 2025 at 10:00 a.m. Eastern Ti.
Paramount Announces Release Date for Fourth Quarter 2024 Results
Neutral
Business Wire
2 months ago
Paramount Announces Sale of 45% Interest in 900 Third Avenue
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it has sold a 45% interest in 900 Third Avenue, a 600,000 square foot Class A office building located on Third Avenue between 54th and 55th Streets in Midtown Manhattan, at a gross asset valuation of $210 million. Paramount will continue to own the remaining 55% interest and manage and lease the property. “We are excited to announce the sale of this non-controlling interest in 900 T.
Paramount Announces Sale of 45% Interest in 900 Third Avenue
Neutral
Business Wire
2 months ago
Paramount Announces Tax Treatment of 2024 Common Stock Dividends
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) today announced the 2024 tax treatment of its common stock dividends as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Paramount's dividends. Common Shares (CUSIP #69924R108) Record Date   Payable Date   Total Dividends Per Share     Total Dividends Allocable to 2024     2024 Taxable Ordinary Dividends (1)     Total Capital.
Paramount Announces Tax Treatment of 2024 Common Stock Dividends
Negative
Invezz
2 months ago
Regulatory scrutiny surrounds Skydance-Paramount Media's $8.4B merger
The planned $8.4 billion merger between Skydance Media and Paramount Global has sparked debates over its potential to redefine the competitive landscape of US media. While the proposal has faced significant opposition from critics citing regulatory and ethical concerns, the deal also holds implications for Hollywood's future amid mounting global competition and changing audience preferences.
Regulatory scrutiny surrounds Skydance-Paramount Media's $8.4B merger
Negative
Seeking Alpha
3 months ago
Earnings Metrics Of Several U.S. Office REITs Drop In Q3
Most US office REITs ended Q3 with weaker operating metrics compared with the previous 3-month period, as demand for offices continued to drop amid higher rent. In terms of recurring EBITDA, 13 office REITs reported quarter-over-quarter declines during the third quarter, while eight recorded gains. US office REIT stocks outperformed the Dow Jones Equity All REIT Index during the third quarter as well as the S&P 500.
Earnings Metrics Of Several U.S. Office REITs Drop In Q3
Neutral
Seeking Alpha
3 months ago
NAV Monitor: U.S. Equity REITs End November At 6.5% Median Discount
Publicly listed US equity real estate investment trusts closed Nov. 29 at a median 6.5% discount to their consensus net asset value per share estimates. The hotel sector continued to trade at the largest median discount to net asset value at 21.6%. Datacenter REITs (only two in the analysis) traded at the largest median premium to NAV, at 27.6%.
NAV Monitor: U.S. Equity REITs End November At 6.5% Median Discount
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